HomeMy WebLinkAboutResolution No. 2790
RESOLUTION NUMBER 279
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A RESOLUTION OF THE REDEVELOPMENC AGE-DCY OF
THE CITY OF AZUSA ADOPTING THE BUDGET AND
APPROVING APPROPRIATIONS FOR THE FISCAL YEAR
COMMENCING JULY 1, 1986, AND ENING JUNE 30,
1987.
THE REDEVELOPMENT AGENCY OF THE CITY OF AZUSA
DOES RESOLVE AS FOLLOWS:
SECTION 1. The budget for the Redevelopment Agency of the
City of Azusa for the fiscal year commencing July 1, 1986, and ending
June 30, 1987, as prepared and submitted by the City Administrator and
as modified by the Redevelopment Agency, is hereby approved and adopted
as the budget of the Redevelopment Agency of the City of Azusa for said
fiscal year in the amount of $15,074,520. A copy of said budget is hereby
ordered filed in the office of the Secretary and shall be certified by
the Secretary as having been adopted by this resolution.
SECTION 2. From the effective date of said budget, the
several amounts stated therein as proposed expenditures shall be and become
appropriated to the respective objects and purposes therein set forth
for the Agency subject to expenditure pursuant to the provisions of
all applicable ordinances of the Agency and statutes of the state.
SECTION 3. All appropriations in the 1985-86 budget of
the Agency not expended or encumbered hereby expire and terminate, except
for those appropriations expressly continued and carried forward
"rebudgeted" into the budget for 1986-87.
SECTION 4. Amounts appropriated to any account for any
object or purpose may be transferred to a different account for the same
general purpose within or between the department or activities upon
recommendation by the Treasurer of the Agency and approval by the Executive
Director.
SECTION 5. The Executive Director is authorized to make
such changes in department operating budget totals during the 1986-87
fiscal year as he may, from time to time, deem desirable and necessary
in order to meet the Agency's needs.
SECTION 6. The Redevelopment Agency of the City of Azusa
does hereby direct that any unappropriated balance in the General Fund
as of June 30, 1986, shall be automatically appropriated into the
Contingency Fund therein.
SECTION 7. That the Secretary shall certify to the adoption
of this resolution.
of B e � ql�—
CIiAI RP1AN
I HEREBY CERTIFY that the foregoing resolution was duly adopted
by the Redevelopment Agency of the City of Azusa at a regular meeting
thereof held on 24th day of June 1986 by the following vote
of the Agency:
AYES: DIRECTORS: AVILA, COOK, CRUZ, LATTA, MOSES
NOES: DIRECTORS: NONE